Mobility – Page 9
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News briefsCake to open factory near Stockholm
Source: Cake Stefan Ytterborn Cake, the Swedish manufacturer of lightweight electric motorcycles and a member of the Scandinavian Outdoor Group (SOG), announced the opening of its new factory in Albyberg, Sweden. In line with its mission to inspire society towards a zero-emission lifestyle, Cake continues to rapidly ...
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ArticlePortugal Bike Value goes digital
On July 20, the very first digital platform to promote the Portuguese conscious mobility sector will be launched. With this tool, the national bicycle industry association ABIMOTA aims to promote, on behalf of its members, the path taken to internationalize the domestic bicycle production sector. Source: ABIMOTA PBV ...
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News briefsDometic acquires Büttner Elektronik
Scandinavian Outdoor Group (SOG) member Dometic keeps on buying companies internationally: On July 2, it acquired Büttner Elektronik, a German provider specialized in mobile power solutions for the outdoor segment, including solar power solutions, batteries and battery chargers. The company’s 2020 net sales (primarily sold in Germany) were approximately €13 ...
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News briefsClarus finalizes acquisition of Rhino-Rack
Clarus Corp., the Utah-based parent company of Black Diamond and Pieps, among others, has completed the acquisition of Australia-based Rhino-Rack Pty Ltd, which we previously reported. Rhino-Rack will continue to operate independently as a wholly owned indirect subsidiary of Clarus and will form a third reporting segment. Clarus acquired Rhino-Rack ...
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ArticleSasta wins Scandinavian Outdoor Award for plus size jacket
In an online ceremony hosted by the Scandinavian Outdoor Group (SOG), two Finnish companies were among the six winners of the Scandinavian Outdoor Awards for Spring/Summer 2022: Sasta (based in Nurmes) and Halti (headquartered in Vantaa, Lapland). Source: Sasta / SOA Sasta Mella Jacket The Overall ...
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News briefsDometic sets ambitious sustainability goals
Dometic, based in Stockholm, the specialist in products for mobile living that has just bought three other companies in the solar and vehicle accessories sector within one month, aims to increase its energy efficiency and switch to renewable energy sources to reduce its carbon footprint further. The company’s just-released climate ...
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ArticleClarus to acquire Australian roof rack manufacturer Rhino-Rack
Clarus Corp., the Utah-based parent company of Black Diamond, Sierra Bullets and Pieps, among others, reports that it has entered into a definitive agreement to acquire Australia-based Rhino-Rack Pty Ltd, a manufacturer and distributor of roof racks, mounting systems, luggage boxes, carriers and other automotive accessories, for a total purchase ...
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News briefsDometic acquires Front Runner
Dometic’s buying spree continues unabated: After Valterra in April and Enerdrive in May, the Swedish brand headquartered in Stockholm has now reached an agreement to acquire Front Runner Vehicle Outfitters, a provider of roof racks, cargo carriers, storage solutions and off-road accessories from South Africa that is particularly popular with ...
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ArticleU.S. bike industry veteran to head Hero International in London
After Indian two-wheeler giant Hero MotoCorp Ltd. (also known as Hero Motor Company or HMC) announced in March the formation of Hero International (HIT) as its new international headquarters in Europe, U.S. industry veteran Jeff Weiss has now been hired as CEO of the new London-based company. Once founded as ...
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News briefs
Germany’s coffee roaster Tchibo sells Mink campers online
Source: Mink Campers Mink 2.0 offroad caravan Two compact camping caravans have been on sale at Germany’s coffee roaster Tchibo since May 18. In addition to the KIP Shelter (€12,950) from the Netherlands, Tchibo is also offering the Mink 2.0 (€18,280) from Iceland. Mink Campers was founded ...
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News briefsDometic acquires Enerdrive
SOG member Dometic Group AB just announced the acquisition of Enerdrive, an Australian-based provider of mobile power products for the outdoor market, including solar power solutions, batteries and battery chargers. The acquisition of Enerdrive broadens Dometic’s offering and distribution network in the Pacific region and also increases the Swedish company’s ...
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News briefsHeimplanet collaborates with U.S. electric car manufacturer
California-based Alpha Motor Corporation has just announced a collaboration with German tent brand Heimplanet to jointly develop mobility solutions based on a shared vision of a new culture of mobility - „mobility that resonates with people across generations through fun, modern, and sustainable solutions.” The collaboration is expected to further ...
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News briefs
Dometic reports growth in its first quarter
Dometic, the Swedish brand that was awarded the ”Fastest Growing Equipment Accessories Brand in the U.S. Outdoor Industry” by data analytics company NPD Group, has just released its Q1 financial report. The Stockholm-based company and the latest new member of the Scandinavian Outdoor Group (SOG) closed the quarter with a ...
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ArticleDometic acquires Valterra Products
Dometic, the Swedish brand that just joined the Scandinavian Outdoor Group (SOG), has reached an agreement to acquire Valterra Products, a North American provider of service and aftermarket products primarily for the RV (recreational vehicles) industry. The acquisition expands Dometic’s service and aftermarket position with new products, a broader distribution ...
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ArticleChinese e-mobility specialist Yadea announces global expansion course
At an international press conference in mid-April, Chinese e-two-wheeler giant Yadea Technology Group Co., Ltd. unveiled its product mix with which it plans to make a global splash in the future. Under the slogan “Electrify your life,” the first e-scooters and e-bikes were added to the global portfolio presented at ...
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News briefs
Two new SOG members
The Scandinavian Outdoor Group (SOG) has announced two new members for 2021 with Dometic and Superstainable. Dometic is a Swedish brand offering solutions for mobile living, providing products for recreational vehicles, vans and boats and now expanding into product categories solving the same needs but without installation into a vehicle. ...
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ArticleHama Group acquires majority stake in Messingschlager
With retroactive effect as of Jan. 1, Hama, a leading international supplier of accessories for consumer electronics, has acquired a majority stake in Messingschlager, one of the world’s largest importers of bicycle accessories. With Hama’s entry, Messingschlager intends to set the course for future growth in good time. ...
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ArticleWill IAA Mobility become the new bicycle platform?
With its completely revised concept as a comprehensive show for mobility providers, the new IAA Mobility in Munich also aims to offer the bicycle segment an attractive platform. Like IAA in Frankfurt in the past, IAA Mobility under the aegis of Messe München will primarily be a B2C event. To ...
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ArticleRecord quarter for Fox
Fox Factory Holding Corp., which manufactures performance-defining ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, achieved record fourth-quarter sales, rising by 41.2 percent to $262.4 million. This increase reflects a 44.6 percent rise in its specialty sports group sales and a 38.7 percent gain in the ...
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ArticleVolkswagen enters bicycle leasing and financing business
On February 18, Volkswagen Financial Services, a wholly-owned subsidiary of German automaker Volkswagen (VW), announced an expansion of its broad range of mobility services to include leasing and financing of bicycles and e-bikes. The new business will be generated through VW Volkswagen Financial Services’ investment in Digital Mobility Leasing (26 ...
